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Dow snaps 4-session win streak and Nasdaq Composite logs 49th file closing excessive of 2020 amid COVID spike


U.S. shares principally ended decrease Monday as worries about rising instances of COVID-19 weighed on traders’ psyche, a session in spite of everything three main benchmarks booked all-time closing highs on the identical day. New restrictions delivered a pause to the bullish investing temper, with social-distancing measures imposed in California. In the meantime, a scarcity of progress on a recent spherical of stimulus support additionally sapped some power from patrons on Wall Avenue and drove them into large-capitalization progress names which have principally led the post-pandemic restoration in shares. The Dow Jones Industrial Common ended off 150 factors, or 0.5%, at about 30,070, the S&P 500 index completed the day 0.2% decrease at round 3,692, whereas the Nasdaq Composite Index booked its 49th closing file of 2020, up by about 56 factors, or 0.5%, to about 12,519. Market Pulse Tales are Fast-fire, brief information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.

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2020-12-07



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